The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-03-01

sales, $4,000 bu futures, $4,000 bu SPOT I'M
graded, AZ 0492c; steamer. Al 048c elevator; No.
2. 40. 049ic elevator, sos 050sc delivered; No.
March. 48s a 1870. closing at 4Ssc: April, 4ss a
48sc, closing at 48ae; May, 49, q 49e, closing at
49c; June, 49, 49B closing at 49sc.
Oats shade stronger and fairly active. Re-
ceipts SO, $50 bu: exports none; mixed Western,
30 &c; white Western, 81 042c.
Hay quiet and rather weak: shipping, 80 Soc
Hops qniet and heavy. Coffee-Optons
fairly active and stronger; sales, 60. 100 bags;
March. IL. 30 q l2 35c; April IL 50 a II 40c; MAY,
II 50 q IL 45c; June. IL 30 IL 40c; july IL 80 a
y 4oc; August y 4oc September, H. 4oa II 45c;
October, u 40012 45c; November, II. 45c; De-
cember, - 45c Sugar dull and more or less
nominal refined, dull Molasses dull. Rice
steady.
Tallow steady at 1-16c. Rosin dull at ST. O2a
clio
Eggs firm and in fair demand; receipts, 1910
packages; Western, 18018!c.
Pork firm and moderately active. Cut meats
firm; picked bellies, u 071c. Lard 70s points
higher, closing weaker; Western steam, spot,
7.27k a T. &c., March. 72Sc; April 1870; May,
T. 80 q T. 45c: June 7.45D748c; city steam. Z. Csc.
Butter firm and in fair demand; Western. IL
021c; Elgin creamery, 20 a 3Oc. Cheese dull and
weak.
CHICAGO. Feb 2S-The climax Of excitement
in the provision deal was apparently reached
to-day. The clique which has been conducting
the deal in mess pork succeeded, before the close
OF the afternoon board in advancing the
price of mess pork for May delivery to 49, 10 per
bril-, at which figure a few short" operators set
tied. The market then broke off to $18 and
closed there for the day. The starting sales for
May were made at $16.65. or an advance of 30c
per brl, over the closing figures of Saturday.
The market advanced quickly to ST. 10, declined
to 81 advanced to 81 65. receded to SIT %, adj
vanced irregularly to $18 10, fell off to $3.50,
then advanced without sale to $18. 10, made
another clear jump to SIS 70. and then went to
$40 and again to 1910 When an attempt was
made to sell lot of pork at this figure the mar
ket dropped to SIS. 60 without a sale. and do
clined to $l8 where it rested. There is now
doubt that May is cornered, but to what altitude
the price will go is purely conjectural. Several
commission houses refused to execute orders in
pork to-day, owing to the unsatisfactory condi-
ton OF the market. Lard ruled 10020c per 100
lbs higher, and short ribs were 10015 higher.
A number of things transpired TO help the
grain list When figures on stocks began to
come in, it was soon determined that the de-
crease in wheat would be big one-2 260, 900 bu
| it proved to be- On this and fellowfeeling
with prices going up all over the room, May ad-
vanced to 79sc, but within half an hour had re-
acted to 7Sac largely because by that time the
life had died out of the other markets and selling
| to realize became very general The market
| closed at 1880. Corn moved around more than
usual, being in active sympathy with pork.
From $3.50 the advance was very steady to soc.
Then prices settled back to 39tc and became
quite steady. The visible supply statement ex-
hibited decrease during the week of 435, 900 blu.
The leading futures ranged as follows: